To shave ones head. Sometimes done with a cheap bic razor

To kick it and get lit.

to tell someone to stop an action or to relax because its inappropriate or false

to steal one's lighter (bic lighter)

to shave one's head down to the skin as with a razor blade.

When someone borrows your lighter and then does not return it.

A 'Bic' is the most common type of lighter available. Tried, trusted and relatively inexpensive, its the only type of lighter I use.